Tuesday, 19 May 2009

Introduction to Benchmarking

For those looking to get to grips with Benchmarking - check out the hampreston.com blog which has got a series of benchmarking articles covering the topic - including getting best practice through benchmarking

There's lots of application for supply chain professionals with regard to benchmarking - especially understanding how your peers are leveraging technology to develop efficiencies.

Thanks to valuestreamguru on twitter for the link.

Friday, 27 March 2009

Benchmarking Introduction

Benchmarking is a really good opportunity to compare practices with like minded organizations - knowing how other companies perform can help promote improvements in your own - personally I've seen how technology like Purchase to Payment or other B2B systems have really taken off as a result of benchmarking - seeing how other companies leverage technology is often a great launchpad for how such processes can be used in your own company.

For more information check out this introduction to benchmarking which includes a benchmarking ppt presentation

Monday, 23 March 2009

Make a radar chart

Over at Valuestreamguru.com they've got a example post of how to use a excel radar chart for visual management - I've often used radar charts when looking at supplier performance as it's a great way of looking at how suppliers are performing within thier commodity or peer community - so go check it out!

Saturday, 15 November 2008

Value Stream Squid

Valuestreamguru.com, a site focusing on Value Stream Mapping and Kaizen has launched it's own Squidoo lens - featuring the latest news and video's on the world of lean the lens can be found at www.squidoo/valuestreamgurusquid

Tuesday, 7 October 2008

Value stream mappng toolset

Value stream mapping is becoming an ever increasingly popular tool in mapping out information and material flow within the supply chain.

I've seen it used a number of times to trap inventory bottlenecks or to analyse and plan reduction in leadtimes - its easy enough to learn and can produce some interesting results.

An interesting thing to learn though is that there is actually seven value stream mapping tools - each designed to help understand the flow within the business - not sure whether they can all be applied to supply chain but interesting enough to warrant some further research.

Sunday, 28 September 2008

Kaizen information portal

For those interested in Kaizen - Valuestreamguru has launched thier Kaizen Hub, a portal bringing together information on Kaizen, Lean Manufacturing and Lean into one helpful page.

A great idea for anyone starting out on Kaizen and looking for a jumping off page - go take a look!

Saturday, 12 April 2008

Business Effeciency in the Supply Chain

We all know that one of the key things for any organization is that it runs effeciently - Business effeciency faciliates more products for less cost. Effeciency is a key indicator for supply chain as it demonstrates effective management of the supplying organization - and can also foster lower levels of stock and resource - and by default shorter leadtimes.

To read about the relevancy of effeciency and its impact on inventory - check out this great article from RM Donavon: http://www.idii.com/wp/donovan_inv_eff.pdf